SpiceJet Limited

319 Udyog Vihar, Phase-IV,

Gurgaon 122 016, Haryana, India

T : +91 124 3913939

F : +91 124 3913844

Registered Office: SpiceJet Limited, Murasoli Maran Towers, 73 MRC Nagar Main Road, MRC Nagar, Chennai – 600028, Tamil Nadu, India

SpiceJet delivers Profit After Tax of Rs 51 crores for quarter ended June 30, 2013

Chennai, August 5, 2013

SpiceJet Limited posted revenues of Rs. 1,704 crore as compared to Rs. 1,467 crore

during the quarter ended June 30, 2013, a growth of 16% as compared to the

corresponding quarter a year ago. The net profit was Rs. 51 crore for the latest quarter.

The overall performance should be considered satisfactory and has to be viewed in the

context of several adverse circumstances that continue to make the business

environment for the airline industry extremely challenging.

Notwithstanding the several headwinds in the form of a weak rupee and high cost of

fuel, the management has executed with an emphasis on efficiency, elimination of

waste and profitability. Fuel cost as a proportion fell to 43% of the total revenue in the

current quarter as against 46% in the comparable quarter for the previous year, mainly

due to better realizations from our overseas routes that now make up almost 11% of

revenues. However, currency depreciation and higher crude prices continue to exert

pressure on margins.

The average passenger yields in the quarter increased by 5% as compared to the

corresponding quarter a year ago. Domestic market share in June 2013 increased to

19.50% from 18.60% in June 2012. Highlights for the quarter ended June 30, 2013 vs.

June 30, 2012

Operational

• 13% growth in number of passengers

• 25% growth of Available Seat Kilometers

• 27% growth in number of departures

• Load factor decreased from 80% to 77%

Financial

• 16% increase in Revenue from Operations

• 5% increase in passenger yields to Rs. 4,278 from Rs. 4,068

SpiceJet Limited

319 Udyog Vihar, Phase-IV,

Gurgaon 122 016, Haryana, India

T : +91 124 3913939

F : +91 124 3913844

Registered Office: SpiceJet Limited, Murasoli Maran Towers, 73 MRC Nagar Main Road, MRC Nagar, Chennai – 600028, Tamil Nadu, India

International

• 322% growth in number of passengers

• 385% growth in number departures

SpiceJet continues to explore newer opportunities for business growth and to improve

fleet utilizations. In this regard, the Company is aggressively adding to its international

network and implementing multiple initiatives with a view to controlling the overall cost

of doing business.